Terms Used In Rhode Island General Laws > Chapter 6-13.2 - Comparison Price Advertising for Precious Metal and Stones

• Advertisement: means any oral, written, or graphic statement or representation made in connection with the solicitation of business in any manner for the purpose of soliciting a consumer in this state by a seller and includes, without limitation because of enumeration, statements and representations, but does not include price tags or in-store signs, or printed in any sales literature or brochure excepting catalogs. See Rhode Island General Laws 6-13.2-2
• consumer property: includes "merchandise";

  (3)  "Date" as applied to "date on which a price comparison is stated in the advertisement" in newspapers or other printed publications, means either the date of publication or distribution or the date on which the completed advertising copy is submitted to the printer for final printing and publication, provided the submission date does not exceed thirty (30) days from the date of actual publication or distribution;

  (4)  "Precious metal" means metals that are prized because of chemical and physical properties (notably resistant to corrosion, hardness, strength, and beauty) desirable in jewelry, coinage, and objects of art, and that are at the same time relatively rare or inexpensive. See Rhode Island General Laws 6-13.2-2

• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Markup: The process by which congressional committees and subcommittees debate, amend, and rewrite proposed legislation.
• person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
• Precious metal: means metals that are prized because of chemical and physical properties (notably resistant to corrosion, hardness, strength, and beauty) desirable in jewelry, coinage, and objects of art, and that are at the same time relatively rare or inexpensive. See Rhode Island General Laws 6-13.2-2
• Price comparison: means the comparison, whether or not expressed wholly or in part in dollars, cents, fractions or percentages, in an advertisement of a seller's current price for consumer property or services with any other price or statement of value for consumer property, whether or not these prices are actually stated in the advertisement; or, the making of price reductions claims or savings claims with respect to the seller's current price. See Rhode Island General Laws 6-13.2-2
• Sale: means a reduction from the seller's price at which consumer property is offered to the public for a fixed period of time; and

  (8)  "Seller" means a person engaged in the sale of consumer property and includes individuals, corporations, partnerships, associations, and any other form of business organization or entity. See Rhode Island General Laws 6-13.2-2

• Statute: A law passed by a legislature.